2. The problems of PIIGS
PIGS, the original acronym, referred in 1997 to Portugal, Italy, Greece and Spain. Similar terms, such as "the Olive Belt" or "Club Med", have also been used for the same or similar groupings of countries in southern Europe. The term became popular again during the financial crisis of 2007–2010 when the economies of Portugal, Ireland, Greece and Spain were seen a
Spain, There is no middle class, it means that they have a wide gap between high-class and low-class. The fact that there is a huge gap between cities and outside the cities in terms of the population density, it causes lots ofproblems.
2. Spain Economic
A. General view ofSpain Economy
Spain's economy is the 8th largest worldwide and the 5th largest in Europe. It is also the 8th larg
Problemof Eurozone
Lack of control in Eurozone countries
Budget deficit should under the
3% of GDP
Public debt of government should below
60% of GDP
Italy, Greece, Spain
Common Problem
▶Budget deficit
▶Current account deficit
▶Underground economy
corruption, tax evasion, Mafia
of fast fashion clothes. The first is pattern. Different from other fast fashion brands in Korea such as Zara and H&M which the sizes of the clothes are according to Western sizes, SPAO designs its clothes to better suit the Korean body shape. Therefore, SPAO eliminates the size problem such as sleeves too long, pants too long or shoulders too wide. The second value proposition of SPAO is high qu
problems in places such as Spain, Greece and the United Kingdom can affect FedEx through tariff and trade related costs.
5) Public perception (awareness and reputation)
Awareness includes whether people know about the organization what they know of it and how accurate this information is. According to Stacy Han, it seems that many of the people know the name of the company since it has app